Ghana’s recent image as a peaceful and stable country has provided an attractive environment for foreign investors to do business in, reflected by numerous programmes implemented by Ghana and its partners which aim to strengthen foreign investment, particularly in the agricultural sector. However, there is still a lack of understanding of how Ghanaian businesses respond to such incentive packages, as well as the detrimental effect of the barriers to investment. This APRA brief examines the most important factors behind investment in the Ghanaian agricultural sector, the limits of financial incentives and provides a series of recommendations for the government in Ghana to address.